GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp. (FRA:TDM) » Definitions » Inventory-to-Revenue

Tuesday Morning (FRA:TDM) Inventory-to-Revenue : 0.71 (As of Sep. 2020)


View and export this data going back to . Start your Free Trial

What is Tuesday Morning Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tuesday Morning's Average Total Inventories for the quarter that ended in Sep. 2020 was €96.9 Mil. Tuesday Morning's Revenue for the three months ended in Sep. 2020 was €137.2 Mil. Tuesday Morning's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.71.

Tuesday Morning's Inventory-to-Revenue for the quarter that ended in Sep. 2020 declined from Jun. 2020 (1.04) to Jun. 2020 (0.71)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuesday Morning's Days Inventory for the three months ended in Sep. 2020 was 94.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tuesday Morning's Inventory Turnover for the quarter that ended in Sep. 2020 was 0.97.


Tuesday Morning Inventory-to-Revenue Historical Data

The historical data trend for Tuesday Morning's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tuesday Morning Inventory-to-Revenue Chart

Tuesday Morning Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.24 0.23 0.23 0.20

Tuesday Morning Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 0.76 1.26 1.04 0.71

Competitive Comparison of Tuesday Morning's Inventory-to-Revenue

For the Discount Stores subindustry, Tuesday Morning's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tuesday Morning's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tuesday Morning's Inventory-to-Revenue falls into.



Tuesday Morning Inventory-to-Revenue Calculation

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tuesday Morning's Inventory-to-Revenue for the fiscal year that ended in Jun. 2020 is calculated as

Inventory-to-Revenue (A: Jun. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2019 ) + Total Inventories (A: Jun. 2020 )) / count ) / Revenue (A: Jun. 2020 )
=( (210.537 + 102.036) / 2 ) / 776.907
=156.2865 / 776.907
=0.20

Tuesday Morning's Inventory-to-Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue (Q: Sep. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Revenue (Q: Sep. 2020 )
=( (102.036 + 91.778) / 2 ) / 137.153
=96.907 / 137.153
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tuesday Morning  (FRA:TDM) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tuesday Morning's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=96.907/93.795*365 / 4
=94.28

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tuesday Morning's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2020 ) / Average Total Inventories (Q: Sep. 2020 )
=93.795 / 96.907
=0.97

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tuesday Morning Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tuesday Morning's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tuesday Morning (FRA:TDM) Business Description

Traded in Other Exchanges
N/A
Address
6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a U.S.-based company that is principally engaged in operating discount retail stores. The company offers a broad range of merchandise, including decorative home accessories, furniture, housewares, crafts, goods related to pets, and seasonal goods. The company offers goods under a number of brands, such as Peacock Alley, Sferra, Lenox, Waterford, and Hartmann. The company also provides gift cards and issues merchandise credits. The company conducts business throughout the United States, with Texas, Florida, and California the top states by a number of stores.

Tuesday Morning (FRA:TDM) Headlines

No Headlines